The new facility spans 14,000 square metres, dedicating 12,900sq.m to manufacturing and 1,100sq.m to administrative offices.This expansion is set to boost employment and elevate the standard of living for local workers, contributing positively to the region’s socioeconomic progress.
Alexander Reich, general director of Ziehl-Abegg Vietnam, said, “Our facility will reach its full production capacity in early 2025. This will allow us to be even closer to our customers and meet their needs more efficiently.”
"We highly appreciate Ziehl-Abegg's efforts to deploy and put the project into operation. It will contribute to creating jobs and increasing incomes for workers, and contribute to the socioeconomic development of the province”, said Nguyen Tri Phuong, head of Dong Nai Industrial Zones Management Authority. “We hope Ziehl-Abegg Vietnam will do business effectively and continue to develop new projects in the future."
As a leading provider of high-quality ventilation and drive solutions, Ziehl-Abegg remains steadfast in its mission to create a healthier, more sustainable future for generations to come. With the establishment of Ziehl-Abegg Vietnam, the company looks forward to forging lasting partnerships, driving innovation, and delivering exceptional value to customers throughout the region.
Ziehl-Abegg boasts a remarkable history of innovation, with 2,800 talented individuals employed at its southern German plants and a total of 5,100 employees across 15 production sites, 30 subsidiaries, and 117 sales offices globally.
The company’s extensive range of over 30,000 products reaches customers in over 100 countries, generating an impressive annual revenue of $981.5 million.
German investors eager for Binh Duong Binh Duong People’s Committee held a meeting on March 19 with the German Business Association (GBA) in Vietnam, along with 40 German firms wishing to explore investment opportunities in the region. |
Soaring German investments are testament to trust in Vietnam Amid the prevailing winds of trade protectionism and escalating international sanctions, German investment in Vietnam is a testament to investors' trust in the potential of the Southeast Asian country. |
German Business Association unveils ambitious plan The German Business Association (GBA) has launched its 2024 action plan, focusing on enhancing interaction with its members, expanding its presence in the northern region, and driving strategic development initiatives to strengthen bilateral economic relations with Vietnam. |
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